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About Broadcast Music, Inc.

BMI collects license fees on behalf of songwriters, composers and music publishers and distributes them as royalties to those members whose works have been performed.

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Close Broadcast Music, Inc., a global leader in music rights management, collects license fees from businesses that use music, which it distributes as royalties to songwriters, composers & music publishers.
 
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BMI Annual Review 2011

BMI Annual Review 2011

BMI’s revenues and royalty distributions have increased to historical highs despite an extremely challenging economy and a turbulent environment in the music and copyright industries. For the fiscal year ending June 30, 2011, BMI reported revenues in excess of $931 million and royalty distributions to our songwriters, composers and music publishers totaling more than $796 million. BMI’s ability to reliably achieve financial results that run counter to industry trends is a product of the sustained global popularity of BMI’s repertoire and the company’s constant focus on diversification of revenue streams.

Details of these results, along with an analysis of the musical trends and technological advances that helped make them possible, are available in a downloadable pdf.